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We know that no matter how well you lend, invest or borrow, circumstances can change which means that paying back or collecting loaned money is no longer as straightforward as it seemed at the time of agreement. At Manak Solicitors, we understand the strain that debt and bankruptcy can have on the cashflow and security of individuals and businesses. As such, we want to help you mediate any disputes as quickly and easily as possible.

The debt recovery process

If you are owed money, it can be a dangerous interruption to your cash flow, impacting your business or personal finances. That’s why our team of debt recovery Solicitors are here to assist you in a timely and efficient manner. By enlisting the assistance of Manak Solicitors as soon as you think you may need to take action in the debt recovery process, you greatly strengthen your legal position. The debt recovery process can look different with every situation, but generally it follows a Letter Before Action (LBA), issuing court claims, obtaining a County Court Judgement (CCJ) and enforcing that judgement.

If you are owed money, we’re here to make sure you receive it as quickly and easily as possible. We have a best-in-class team of debt recovery Solicitors with years of experience in ensuring that our clients receive what they are owed. Regardless of the sums involved, we will pursue your debtors from Letter Before Action stage all the way to the use of bailiffs and High Court sheriffs where appropriate.

What are our costs? Transparancy_Badge

    Our fees are subject to us reviewing your papers in advance and providing a quote. If a matter is not straightforward, our fees will be an increased fee, bespoke to your case.

    In general terms, if the contract is straightforward;

  • Perusing contract and one Letter Before Action: £1000.00
  • Preparing and filing a formal claim in a County Court: £1,500.00
  • Requesting judgement where the defendant fails to acknowledge service and/or file defence: £250.00
  • Instructing bailiffs after have obtained judgement as above: £350.00

Should the issue be taken further to litigation, all billed work thereafter will be calculated as follows:

  • Usual litigation rates £300+VAT per hour for any time spent on your file

Above rates apply from the outset where the claim is for a greater sum than £10,000.00 and all charges are exclusive of VAT. Please note, you would be responsible for all court fees and other disbursements incurred on your behalf. If you would like to discuss your claim and have one of our team of debt recovery Solicitors help you make sense of your legal position and potential costs, please contact us here.

Local. Flexible.

Sevenoaks

46 London Road

TN13 1AS

01732 207 207


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Orpington

265 High St

BR6 0NW

01689 870 769


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Gravesend

42 Windmill St

DA12 1BA

01474 324 529


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Legalities

Manak Solicitors is a trading name of Manak Lawyers Limited registered at Companies’ House in England & Wales Company Number: 09877015

Manak Lawyers Limited is authorised and regulated by the Solicitors Regulation Authority under SRA No. 627738, 628462 & 648124

Manak Lawyers Limited does not accept service by fax or email

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Legalities

Manak Solicitors is a trading name of Manak Lawyers Limited registered at Companies’ House in England & Wales Company Number: 09877015

Manak Lawyers Limited is authorised and regulated by the Solicitors Regulation Authority under SRA No. 627738, 628462 & 648124

Manak Lawyers Limited does not accept service by fax or email

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